All the latest UK technology news, reviews and analysis


Nokia to shed 1,100 IT staff

17 Jan 2013
nokia-lumia-920-colours-windowsphone8-smartphone

Nokia has announced it is to cut another 300 jobs from its global workforce and outsource a further 820 in an effort to further drive down costs.

The new job losses are part of a move to "streamline its IT organisation" in a bid to cut operating costs while improving "operational efficiency", Nokia said.

As such, 300 employees will be made redundant from across its global workforce while 820 employees will be shifted to outsourcing firms HCL Technologies and Tata Consultancy Services.

The job cuts are the latest to hit the firm, which had cut jobs throughout 2012, but the firm said this would be final round of redundancies to hit the firm.

"These are the last anticipated reductions as part of Nokia's focused strategy announcement of June 2012."

The move comes after the firm posted better-than-expected preliminary earnings last week, announcing it had shipped 4.4 million Lumia smartphones, ahead of expectations and boosting investor confidence in the firm's future.

The firm faces a tough 2013, though, with management already predicting a decline in sales in the next quarter, due to the post-Christmas lull, and competition from rivals set to increase.

This will include Research in Motion (RIM) which will be unveiling its new BlackBerry 10 platform on 30 January, in a boost to reinvigorate its own stalling handset business and rekindle its status in the corporate environment.

 

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Dan Worth
About

Dan Worth is the news editor for V3 having first joined the site as a reporter in November 2009. He specialises in a raft of areas including fixed and mobile telecoms, data protection, social media and government IT. Before joining V3 Dan covered communications technology, data handling and resilience in the emergency services sector on the BAPCO Journal

View Dan's Google+ profile

More on Mobile Phones
What do you think?
blog comments powered by Disqus
Poll

Windows 7 end of mainstream support

What are your plans for when Microsoft ends mainstream support for Windows 7 in January 2015?
10%
9%
3%
64%
14%

Popular Threads

Powered by Disqus
LG G3 in gold black and white

LG G3 vs Galaxy S5 video

We pit the two Korean firms' flagship smartphones against each other

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Oracle Developer (PL/SQL) - Bristol

Oracle Developer (PL/SQL) - Bristol My client are...

VM Ware Specialist

Global Financial Services company seeks an experienced...

2nd Line Support Analyst- Windows Server / TCP/IP / DNS / ITIL

2nd Line Support Analyst- Windows Server / TCP/IP / DNS...

Graduate IT Trainee

Our client, a market leader in software Development...
To send to more than one email address, simply separate each address with a comma.